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The volume of gold extracted in Azerbaijan last year compared to the results for 2018 increased by one fifth (21.3%) and silver – by one third (33.2%), Zakir Ibrahimov, Chairman of the Executive Board of AzerGold CJSC, said at the company’s press conference on the results of 2019. Despite that last year the company planned…
DetailsAzerGold CJSC, an Azerbaijani company that extracts, processes and sells gold and silver, plans to start mining at the Chovdar ore field as part of the surficial (sulfide) phase, Chairman of the Executive Board of AzerGold Zakir Ibrahimov has said at a company’s press conference on the results of 2019. Ibrahimov added that the confirmed…
DetailsAmong the EAEU members Armenia is leading by the growth in mining industry and the industrial sector. In 2019 the industry grew by 9%, and the mining sphere – by 23.9%. Kyrgyzstan demonstrated the industry growth of 6.9% and mining – 11.8%. It is followed by Kazakhstan (3.8% and 3.7% respectively), Russia (2.4% and 3.1%)…
DetailsIn 2019, stainless steel consumption in Russia increased by 27 tons YoY, to 497807 tons. Compared with 2017 the result grew by 5.5%. In Q1 2019 stainless steel consumption went up by 0.8% YoY, in Q2 it decreased by 6.7%, in Q3 – by 0.5%, but in Q4 grew by 6.4%. Flat cold-rolled metal consumption…
DetailsIn 2019 coal output in Buryatia increased by 35.4% YoY, to 7.161 million tons. Nikolskoye coal deposit, developed by Razrez Tugnuiskiy, accounted for the largest volumes. The company extracted 4.332 million tons of coal, up by 89%. Until 2021 the company intends to start mining 16 to 18 million tons of coal per year due…
DetailsIn January railroad transportation of iron and manganese ore as well as ferrous metals grew by 10.8% and by 2.5%. At the same time transportation of coke dropped by 23.4% and scrap – by 22.7%. According to the State Statistics Service, 6.9 million tons of iron and manganese ores were transported, 2 million tons of…
DetailsThe 6th Court of Appeals has satisfied the claim of the Office of large taxpayers and canceled the decision of the Kyiv District Court dated December 2, 2019, which has satisfied the claim of Alchevsk Iron and Steel Works to the Office to return 582 million UAH of profit tax overpayment. The overpayment accumulated in…
DetailsAbout 200 miners of the Dzidziguri mine have gone on a strike in Tkibuli region of western Georgia earlier today after the employer demanded they use the tunnel of Mindeli mine to reach their regular work site, which they say “takes too much time and effort”. The miners said that the alleged reason for the…
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